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What Is a Micromortgage? The Loan That Can Help You Buy a Home With Zero Down Payment
What Is a Micromortgage? The Loan That Can Help You Buy a Home With Zero Down Payment
A new micromortgage pilot program is creating a path to homeownership that eliminates many of the obstacles that first-time buyers face.
Lauren Sieben, provided by
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For many hopeful first-time home buyers, the barriers to purchasing a house are high.
If you re a potential home buyer and you qualify for a conventional loan, you still need thousands of dollars in cash for a down payment, closing costs, and other expenses. If you have only limited credit, you may not qualify for a mortgage at all.
Skip to main content
What Is a Micromortgage? The Loan That Can Help You Buy a Home With Zero Down Payment
What Is a Micromortgage? The Loan That Can Help You Buy a Home With Zero Down Payment
A new micromortgage pilot program is creating a path to homeownership that eliminates many of the obstacles that first-time buyers face.
Lauren Sieben, provided by
FacebookTwitterEmail
For many hopeful first-time home buyers, the barriers to purchasing a house are high.
If you re a potential home buyer and you qualify for a conventional loan, you still need thousands of dollars in cash for a down payment, closing costs, and other expenses. If you have only limited credit, you may not qualify for a mortgage at all.
Skip to main content
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Lots of Homes Under $100K Are for Sale, but Most Buyers Can t Get One for This Reason
Lots of Homes Under $100K Are for Sale, but Most Buyers Can t Get One for This Reason
The COVID-19 pandemic has made it more difficult for borrowers to find lenders willing to make small-dollar mortgages of $100,000 or less.
Clare Trapasso, provided by
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Across the nation, home prices have shot up to unheard-of heights even during the pandemic because there are still people hunting for homes (preferably with their own yard and space for an office and home-schooling), but not enough inventory available.